The End suction pump market to reach a valuation of USD 4.2 billion in 2023. Based on FMI research findings, the market is projected to capture a 4.93% CAGR from 2023 to 2033 and is predicted to value USD 6.8 billion by the end of 2033.
Constructing vertically is witnessing tremendous growth, as it is expected to take the end suction pump market to a new height going forward. It is connected to several industry verticals for transporting the bulk volumes of liquids efficiently and delivering them to an optimal and vigorous head as well as helping in controlling flow rates to fluids.
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Key Takeaways from the Market Study
- Sales of the end suction pump market expanded at a CAGR of 3.44% from 2018 to 2022.
- Growth rate of the India market for the end suction pump market is likely to expand at a share of 8.9%.
- Global end suction pump market registered year-on-year (YoY) growth of 3.5% in 2021
- End suction pumps market is estimated to rise at 4.6% CAGR between 2021 and 2031 in comparison to 5.8% CAGR registered from 2016 to 2020.
- North America is predicted to remain one of the dominant growing markets during the forecast period with a growth rate at a CAGR of 28.9%.
- The United States is expected to be the leading market in North America with a market share of 48.9%.
- Latin America is considered to witness a CAGR of 16.9%.
- Brazil is said to hold a leading position in this region with a market share of 40.1%.
- Germany is considered to be the leading country in Western Europe with a growth rate of 14.2%.
- Russia is considered to have the leading market end suction pump manufacturers with a market share of 24.6%
- Demand in the China end suction pumps market is expected to rise at nearly 5.1% CAGR over the forecast period.
- End suction pump market in India is expanding at a CAGR of 8.9%.
- Growth in the construction of buildings in Australia might drive the need for end suction pumps with a CAGR of 7.98%.
- Demand for close coupled end suction pumps rising is mostly in demand.
- Close coupled pump is the leading category where it has been forecasted to account for nearly 56% of the global market share during the forecast period.
- Upto 100 GPM pumps are said to dominate the market.
- Upto 100 GPM Pumps are expanding at a CAGR of 5.3%.
- Industrial Segment is said to increase the demand of the market.
- Industrial segment is expected to hold 58% of the share of the market from 2023 to 2033.
Technological advancements drive the end suction pump market sales act as a driving key in the end suction pump market – Comments a Future Market Insights Analyst.
Important Development of the Key Players in the Market
- In December 2022, Xylem Inc introduced Stationary Samplers that can be installed at any measuring point. PB-S guaranteed stable sampling through self-sufficient cooling or heating where it was clear and had a simple operating structure as well as equally easy programming to make the application child’s play. Stationary Samplerhas a huge accuracy with a single sample volume with a vacuum system that is easy to maintain due to the separate division of the control and sample room. Robust stainless steel housing, in the samplers, is particularly resistant and can take any important samples
Top Key Players
- Grundfos
- Sulzer Ltd.
- Xylem Inc.
- KSB AG
- Flowserve Corporation
- Ebara Corporation
- Kubota Corporation
- Ruhrpumpen Group
- Kirloskar Brothers Ltd.
- WILO SE
- DESMI A/S
- Pentair
- Torishima Pump Manufacturing Co., Ltd
Key Segmentations
By Type :
- Close Coupled Pump
- Separately Coupled Pump
By Flow Rate :
- Upto 100 GPM
- 100 to 300 GPM
- 300 to 500 GPM
- 500 to 1,300 GPM
- 1,500 to 5,000 GPM
- Above 5,000 GPM
By Application :
- Commercial
- Hotels
- Swimming Pool
- Retail Space
- Office & Institution
- Industrial
- Food & Beverages
- Chemicals
- Mining & Metals
- Power Generation
- General Manufacturing
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- The Middle East and Africa (MEA)
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